The College Enrollment Cliff
What are the factors to be aware of for the future?
Overview
According to The Princeton Review, “the dramatic drop in college-age population starting in 2025.” This is due to a low birth-rate in the U.S. during the 2008-09 financial crisis and historical financial impacts. Watch how this change in enrollment has already affected some colleges and their students.
Factors
01.
Gen-Z's Interest in College
02.
The Value of a College Degree
03.
Economic Concerns
04.
Demographics factors
05.
The future of Higher Education
Is college still important?
Gallup reports that college is important to the majority of Gen-Z.
01.
How important do you think a college education is today?
What's the value of college degree?
02.
Earnings by degree, according to the U.S. Bureau Labor of Statistics.
What economic concerns do students have?
67% of potential students rate cost college as a major concern.
03.
What about specific populations of future students?
04..
Gallup reports that college is important to the majority of Gen-Z. This time, it's segmented by race, gender, & political party.
I will be able to afford college if I want to attend.
Black College-Bound Gen Z Most Concerned About College Costs
What can universities and colleges navigate this issue?
05.
Evaluate birth-rates. (Graph from Federal Reserve Economic Data)